At 14.0% + CAGR, Global Cold Storage Construction Market worth of USD 10.47 billion by 2021

The global cold storage construction market is projected to reach USD 10.47 billion by 2021, at a CAGR of 14.0% between 2016 and 2021. The growth of this market can be attributed to the growth of international trade of temperature controlled items, technological advancements in refrigerated storage & transport, and government support for infrastructure development of cold stores.

 

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“The food & beverages segment is the largest application segment”

The demand for food & beverages is highest in the Asia-Pacific and Latin American region due to changes in consumption pattern from staple carbohydrate-rich diets to protein-rich foods, growth of the organized retail sector, and open trade policies in the region.

 

“The production segment is the largest storage type segment”

The production stores segment accounted for the largest share of the global cold storage construction market in 2015 owing to increasing demand from perishable food manufacturers. Cold storage installations help perishable food manufacturers maintain the quality, texture, appearance, color, taste, nutritional value of the items.

 

“Asia-Pacific led the global cold storage construction market”

The Asia-Pacific cold storage construction market is projected to grow at the highest CAGR during the forecast period owing to increasing awareness about the prevention of food wastage, growth of the organized retail sector, and government support & initiatives in this region.

 

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Profile break-up of primary participants for the report:

  • By Company Type – Tier 1 – 40 , Tier 2 – 25, Tier 3 – 35%
  • By Designation – C level – 35%, Director level – 40%, Others – 25%
  • By Region – North America – 25%, Europe – 10%, Asia-Pacific – 60%, RoW – 5%

 

Furthermore, as a part of qualitative analysis, the research provides a comprehensive review of major market drivers, restraints, opportunities, and challenges. It also discusses competitive strategies adopted by different market players such as AmeriCold Logistics (U.S.), Preferred Freezer Services (U.S.), Burris Logistics (U.S.), Lineage Logistics Holding LLC (U.S.), and Nichirei Logistics Co., Ltd. (Japan) among others.  

 

Related Report:

Global Cold Storage Market Survey and Trend Research 2018

This report describes the development of the industry by upstream & downstream, industry overall and development, key companies, as well as type segment & market application and so on, and makes a scientific prediction for the development industry prospects on the basis of analysis, finally, analyzes opportunities for investment in the industry at the end of the report.

Region (North America, Europe, Asia-Pacific, South America, Middle East, Africa): Regional Market Production Development Sales Regional Trade Regional Forecast

Company (Americold Logistics, LLC, Al Rai Logistica K.S.C, Agro Merchants Group, Burris Logistics, Cloverleaf Cold Storage, Cloverleaf Cold Storage, Gulf Drug LLC, Henningsen Cold Storage Company, Kloosterboer, Lineage Logistics, Nordic Logistics, Oxford Logistics Group, Oceana Group Limited, Preferred Freezer, RSA Logistics, Swire Group, VersaCold Logistics Services, United States Cold Storage, Inc., Wared Logistics, Wabash National Corporation etc.): Company Profile Product & Service Business Operation Data Market Share

Read More: https://watchersofmarkets.com/products/global-cold-storage-market-survey-and-trend-research-2018

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Posted by on Thursday September 06 2018, 9:01 AM EDT. All trademarks acknowledged. Filed under Business & Financial Services, Business Services, Featured Press Release, Food, Manufacturing, Manufacturing & Construction, Technology Hardware & Equipment, Technology, Media, & Telecommunications, Transportation. Comments and Trackbacks closed. Follow responses: RSS 2.0

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